Great Depression

Question 1

Black Thursday

Answer 1

Day when stock prices began to fall & leading bankers pooled $30 million to try and bring them back up

Question 2

Black Tuesday

Answer 2

Prices dropped, no real recovery, great depression began

Question 3

Hawley-Smoot Tariff Act 1930

Answer 3

• Hoover
• Raised tariffs on 1,000 items
• U.S. exports & imports dropped 50%

Question 4

Agricultural Marketing Act

Answer 4

Aimed to keep crop prices up

Established by Hoover

Question 5

Hoover’s Public Works Program

Answer 5

Used government money to build roads, buildings, etc.

Question 6

Reconstruction Finance Corporation

Answer 6

Hoover

$2 billion to lend to large corporations

Question 7

Traditional Methods

Answer 7

Hoover wouldn’t give direct hand outs

Made his work less effective on depression

Question 8

Drought of 1930s

Answer 8

From Virginia to Oklahoma

Crops & livestock died of thirst

Hoover’s response - limited

Question 9

Three R’s

Answer 9

Relief

Recovery

Reform

Question 10

Harold L. Ickes

Answer 10

Secretary of the Interior

Question 11

Henry A. Wallace

Answer 11

Secretary of Agriculture

Question 12

Francis Perkins

Answer 12

Secretary of Labor

First woman cabinet member

Question 13

Brain Trust

Answer 13

Informal group of advisors to FDR

Imagination & ability mattered, not government experience

Question 14

Emergency Banking Act

Answer 14

FDR closed all banks

Re-opened as Secretary of Treasury saw fit

Question 15

Fireside Chat

Answer 15

FDR’s radio chat where he explained what he was doing with the New Deal

Question 16

Glass-Steagall Act

Answer 16

Goal - to keep people’s confidence in the banks

Established Federal Deposit Insurance Corporation

Question 17

Federal Deposit Insurance Corporation

Answer 17

Insurance program for banks

Protected depositors in insured banks up to $5000

All members in the FRS required to join

Question 18

Gold Reserve Act 1934

Answer 18

Gave President power to reduce the gold backing on the dollar up to 50%

Controlled Inflation

Question 19

John M. Keynes

Answer 19

English economist

Justified debt spending

Question 20

Wagner-Steagall Act 1937

Answer 20

Established U.S. Housing Authority

Question 21

U.S. Housing Authority

Answer 21

Made loans to cities & states to clear slums & build low-cost housing

Question 22

Conservative Republicans

Answer 22

Argued New Deal programs did too much & threatened capitalism

Established American Liberty League

Question 23

Radical Republicans

Answer 23

Didn’t think New Deal did enough

Question 24

Huey Long

Answer 24

Former governor of Louisiana

Radical

“Share the Wealth”

Question 25

Charles E. Coughlin

Answer 25

"Radio" Priest Radical Thought New Deal was a Communist conspiracy Anti-Semitic Eventually censured by Roman Catholic Church

Question 26

Francis Townsend

Answer 26

Radical Old-Age pension plan

Question 27

William Green

Answer 27

Lead AF of L Threatened to oppose FDR in 1936 Dissapointed by NRA

Question 28

Schechter vs U.S. 1935

Answer 28

Declared NRA unconstitutional Overturned other New Deal legistlation

Question 29

Social Security Act

Answer 29

Plan for the elderly, public assistance & unemployment

Question 30

Revenue Act of 1935

Answer 30

"Soak the Rich" taxes Largest incomes more heavily taxed

Question 31

Public Utility Holding Company

Answer 31

Ensured fair prices for utilities Gave SEC power to dissolve utility companies charging excessively

Question 32

National Labor Relations Act 1935 | (Wagner Act)

Answer 32

Guarenteed the right of workers to join unions Est. NLRB

Question 33

National Labor Relations Board

Answer 33

Oversaw union elections Could stop unfair practices by employers

Question 34

Supreme Court vs New Deal

Answer 34

Overturned AAA Limited powers of SEC Acted against minimum wage laws

Question 35

Soil Conservation& Adjustment Act

Answer 35

Paid farmers to plant soil-conserving crops

Question 36

Government Contracts Act 1936

Answer 36

Empowered Secretary of Labor to set minimum wages & max working hours Prohibited firms from employing girls under 18, boys under 16

Question 37

Alf Landon

Answer 37

Republican Candidate 1936 Governor of Kansas

Question 38

Norman Thomas

Answer 38

Socialist Candidate 1936

Question 39

William Lemke

Answer 39

Union Party Candidate 1936 Combination party of unhappy groups of people

Question 40

Court-Packing Plan

Answer 40

FDR proposed to increase justices from 9-15 if justices refused to retire at 70 Opposed by Charles E. Hughes Rejected by Senate FDR lost favor of Congress

Question 41

2nd AAA

Answer 41

Placed surplus farm products in storage Goal : stabiliza prices around parity

Question 42

Fair Labor Standards Act

Answer 42

Reduced work week to 40 hours Set minimum wages Time & 1/2 paid for overtime Forbid labor by children under 16